Worthington Steel Balance Sheet Health
Financial Health criteria checks 5/6
Worthington Steel has a total shareholder equity of $1.1B and total debt of $115.0M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are $1.7B and $594.2M respectively. Worthington Steel's EBIT is $196.9M making its interest coverage ratio 32.8. It has cash and short-term investments of $52.0M.
Key information
10.0%
Debt to equity ratio
US$115.00m
Debt
| Interest coverage ratio | 32.8x |
| Cash | US$52.00m |
| Equity | US$1.15b |
| Total liabilities | US$594.20m |
| Total assets | US$1.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z2J's short term assets ($857.4M) exceed its short term liabilities ($467.7M).
Long Term Liabilities: Z2J's short term assets ($857.4M) exceed its long term liabilities ($126.5M).
Debt to Equity History and Analysis
Debt Level: Z2J's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if Z2J's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Z2J's debt is well covered by operating cash flow (176.4%).
Interest Coverage: Z2J's interest payments on its debt are well covered by EBIT (32.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:24 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Worthington Steel, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Philip Gibbs | KeyBanc Capital Markets Inc. |
| Martin Englert | Seaport Research Partners |